Shell Plc (SHEL.L) said on Monday its QGC business, which develops methane reserves within Queensland, planned to offer additional gas for the Australian market, amounting to about 8 petajoules…
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Oil prices rose by 1% on Monday to $88.50 a barrel, extending last week’s gains on the back of a stronger outlook thanks to an expected economic…
The International Energy Agency estimated Iran’s oil production in December 2022 at 2.72 million bpd, announcing that Iran’s rank upgraded to the fourth among top oil suppliers…
The CEO of the National Petrochemical Company (NPC) said Iran’s petrochemical industry should pay attention and emphasize the use of digital technologies in the path of sustainable…
In Canada’s western oil patch, controversy is raging over federal government legislation intended to help the fossil fuel labour force transition to a greener economy, but union…
The CEO of Persian Gulf Petrochemical Development and Investment Group (PGPDIG) says the holding has currently more than $650 million worth of projects under way. He told…
With the commissioning of the Abadan oil refinery development plan, for the first time in the Middle East, the largest crude oil vacuum and atmospheric distillationun its,…
Under the 7th National Economic Development Plan, Iran is required to reduce crude oil and natural gas sales by developing the value chain and bring its oil…
Over recent years, Iran’s oil industry has enjoyed significant acceleration and progress in the exploitation of projects. By briefly reviewing the development process of the remaining phases…
CEO of National Iranian Oil Company (NIOC) Mohsen Khojasteh-Mehr recently told a conference on oil and gas wells enhance recovery that $2.5 billion had been invested in…
The CEO of Ilam Gas Refining Company announced a 9% increase in output and a 16% rise in sales of the company’s items in the first nine…
The CEO of Fajr Jam Gas Refining Company, referring to the cold season of the year and the stability of production in this company, stated: “In the…
Group of Seven officials have agreed to review the level of the price cap on exports of Russian oil in March, later than originally planned in order…
The CEO of Gachsaran Oil and Gas Production Company stated in recent days, with the initiatives that were taken, “we managed to add 6.5 million cubic meters…
Renewable energy is likely to eventually overtake Fortescue Metals Group’s (FMG.AX)iron ore business, despite strong tailwinds for the commodity ahead, the company’s former chief executive officer Elizabeth Gaines…
Oil rose on Friday and was heading for a second straight weekly gain, spurred largely by brightening economic prospects for China and resulting expectations of a boost…
Saudi Arabia’s crude oil exports fell to a five-month low in November, while production also slipped, data from the Joint Organisations Data Initiative (JODI) showed on Thursday.
Oil futures rose slightly on Thursday, recouping losses from earlier in the session as an expected rise in Chinese demand and further restrictions on Russian exports suggested…
Iranian Minister of Petroleum Javad Owji said: “In these days, the highest amount of gas recovery from independent and joint gas fields was set, which is a…
Latest figures by the Organization of the Petroleum Exporting Countries (OPEC) show that Iran’s crude oil prices rose by an average of over $30 per barrel year…